The President approved the Regulation on "Electronic mortgage"
Ilham Aliyev signed a Regulation on "Electronic mortgage". According to Turan, «Electronic mortgage" will be created in the "Portal of e-government" and is integrated into it.
The Regulation states that the electronic system will serve as a centralized view of electronic services in mortgage lending, obtaining the necessary documentation and information in electronic form.
Use of the new e-system o is to simplify access to mortgage credit, the creation of equal conditions for persons wishing to obtain a mortgage loan, to ensure transparency and efficiency when considering applications, and the ability to receive documents in real time, improving the quality of provided services. -71D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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